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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 2,398 $ 1,798
Marketable securities - current 280 118
Accounts receivable - net of allowances of $88 and $91 4,392 4,154
Inventories    
Finished goods 1,629 1,655
Work in process 1,039 1,008
Raw materials and supplies 717 855
Total inventories 3,385 3,518
Other current assets 1,271 1,398
Total current assets 11,726 10,986
Marketable securities - non-current 17 9
Investments 128 117
Property, plant and equipment 23,499 23,098
Less: Accumulated depreciation (14,983) (14,583)
Property, plant and equipment - net 8,516 8,515
Goodwill 9,166 9,249
Intangible assets - net 2,320 2,601
Prepaid pension benefits 52 188
Other assets 981 1,218
Total assets 32,906 32,883
Current liabilities    
Short-term borrowings and current portion of long-term debt 972 2,044
Accounts payable 1,798 1,694
Accrued payroll 678 644
Accrued income taxes 299 332
Other current liabilities 2,472 2,404
Total current liabilities 6,219 7,118
Long-term debt 10,678 8,753
Pension and postretirement benefits 4,018 3,520
Other liabilities 1,648 2,024
Total liabilities 22,563 21,415
Commitments and contingencies (Note 14)
3M Company shareholders' equity:    
Common stock, par value $.01 per share, Shares outstanding - 2016: 596,726,278; Shares outstanding - 2015: 609,330,124 9 9
Additional paid-in capital 5,061 4,791
Retained earnings 37,907 36,296
Treasury stock (25,434) (23,308)
Accumulated other comprehensive income (loss) (7,245) (6,359)
Total 3M Company shareholders' equity 10,298 11,429
Noncontrolling interest 45 39
Total equity 10,343 11,468
Total liabilities and equity $ 32,906 $ 32,883